
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head id="ctl00_Head1"><link href="../../App_Themes/fnnGrey/fnnGrey.css" type="text/css" rel="stylesheet" /><link href="../../App_Themes/fnnGrey/niftyCorners.css" type="text/css" rel="stylesheet" />

    <script type="text/javascript">        var _sf_startpt = (new Date()).getTime()</script>

    <meta http-equiv="X-UA-Compatible" content="IE=IE7" /><meta id="ctl00_meta" name="description" content="Finance News Network is Australia's leading provider of online business and financial video news." /><meta id="ctl00_metakeywords" name="keywords" content="finance, video news, financial information, business, stocks, online video, online tv, video clip, shares, real estate, interviews" /><title>
	Vantage FX : Wednesday, 14 September 2011. 
</title>

    <script type="text/javascript">
        var GB_ROOT_DIR = "/Greybox/";
        GB_myShow = function(caption, url, height, width, callback_fn) {
            var options = {
                caption: caption,
                height: height || 400,
                width: width || 400,
                fullscreen: false,
                show_loading: false,
                callback_fn: callback_fn
            }
            var win = new GB_Window(options);
            return win.show(url);
        }
        function test() {
            parent.location.reload(true);
        }
    </script>

    <script type="text/javascript" src="/Greybox/AJS.js"></script>

    <script type="text/javascript" src="/reybox/AJS.js"></script>

    <script type="text/javascript" src="/greybox/AJS_fx.js"></script>

    <script type="text/javascript" src="/greybox/gb_scripts.js"></script>

    <link href="../../greybox/gb_styles.css" rel="stylesheet" type="text/css" media="all" />

    <script type="text/javascript" src="/scripts/oreo.moo.rb.combined.js"></script>

    <script type="text/javascript" src="/scripts/popup.js"></script>

    <link rel="stylesheet" type="text/css" href="../../ddlevelsfiles/ddlevelsmenu-base.css" /><link rel="stylesheet" type="text/css" href="../../ddlevelsfiles/ddlevelsmenu-topbar.css" /><link rel="stylesheet" type="text/css" href="../../ddlevelsfiles/ddlevelsmenu-sidebar.css" />

    <script type="text/javascript" src="/ddlevelsfiles/ddlevelsmenu.js">
    </script>

    <link rel="stylesheet" href="http://www.google.com/cse/style/look/default.css" type="text/css" />

    <script type='text/javascript' src='http://partner.googleadservices.com/gampad/google_service.js'>
    </script>

    <script type='text/javascript'>
        GS_googleAddAdSenseService("ca-pub-3869706921036272");
        GS_googleEnableAllServices();
    </script>

    <script type='text/javascript'>
        GA_googleAddSlot("ca-pub-3869706921036272", "FNN_Front_Page_MREC");
        GA_googleAddSlot("ca-pub-3869706921036272", "FNN_Leaderboard");
        GA_googleAddSlot("ca-pub-3869706921036272", "FNN_MREC");
    </script>

    <script type='text/javascript'>
        GA_googleFetchAds();
    </script>

</head>
<body class="oneColFixCtr">
    <form name="aspnetForm" method="post" action="/BrokerCommentry/465/Wednesday,-14-September-2011.-" id="aspnetForm">
<div>
<input type="hidden" name="__VIEWSTATE" id="__VIEWSTATE" value="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" />
</div>


<script src="/ScriptResource.axd?d=EXF_0MYTnuF_PAtVXEOXCzlqHqR62xHni8QXnfVmCpY8akAjS2P6u_7nSpdQ6Hvool3uOlvmZUj2h7-xQlNWUJYLX7fuVb3k-HQp9ehlUUoqux7dTefK2pYVKoP8KO_pY2wlRblcVWKEX7sxLjJUbLzShiUYwVxR0Xuhnfybl8_j7qFD0&amp;t=5c2f384e" type="text/javascript"></script>
<script type="text/javascript">
//<![CDATA[
if (typeof(Sys) === 'undefined') throw new Error('ASP.NET Ajax client-side framework failed to load.');
//]]>
</script>

<div>

	<input type="hidden" name="__EVENTVALIDATION" id="__EVENTVALIDATION" value="/wEWCQKj/sv7AQLw0sHlDwKk4OXEBwKu/vXHCwL6pciGDwLi3orqBALm7KfoAwLwx5roBALK+LLKAVpfOP4SdpaNJ98JBuFz4/4ywiRw" />
</div>
    
    <div id="mainOuterContainer">
        <div id="mainContent">
            <div class="wrappera">
                <div class="wrapperb">
                    <div id="mainInnerContainer">
                        <div id="contentHeader">
                            <div id="pageFrameHeader">
                                <div id="pageFrameHeaderInside">
                                    <div id="pageFrameHeaderLeft">
                                        <a href="/"></a>
                                    </div>
                                    <div id="pageFrameHeaderRight">
                                        

                                        <script type='text/javascript'>
                                            GA_googleFillSlot("FNN_Leaderboard");
                                        </script>

                                    </div>
                                </div>
                            </div>
                            <div id="ctl00_login" style="margin: 5px; font: Verdana, Arial, Helvetica, sans-serif;
                                font-size: 12px; text-align: left;">
                            </div>
                            <table width="100%" border="0" cellpadding="0" cellspacing="0">
                                <tr>
                                    <td valign="top">
                                        <div style="width: 702px; height: 20px;">
                                            <div id="pageFrameTickerOuter">
                                                <div id="pageFrameTickerInner">
                                                    <div style="height: 18px; overflow: hidden; padding-right: 3px">
                                                        <div id="NewsTicker">
                                                            <div id="NewsVertical">
                                                            </div>
                                                        </div>
                                                    </div>
                                                </div>
                                            </div>
                                        </div>
                                        <div style="clear: both">
                                        </div>
                                    </td>
                                    <td valign="middle" align="center" style="background-color: #FE7004; height: 18px;
                                        background-image: url(img/top_search_bg.jpg); background-repeat: repeat-x;">
                                        <div style="width: 185px;">
                                            <input name="ctl00$txtsearchkeyword" type="text" id="ctl00_txtsearchkeyword" Font-Family="Arial" style="border-color:Gray;border-width:1px;border-style:Solid;font-size:10px;font-weight:bold;width:160px;" /></div>
                                    </td>
                                    <td valign="middle" align="left" style="background-color: #FE7004; height: 18px;
                                        background-image: url(img/top_search_bg.jpg); background-repeat: repeat-x;">
                                        <div style="width: 105px;">
                                            <input type="image" name="ctl00$imgbtnSearchkey" id="ctl00_imgbtnSearchkey" src="../../images/Search_news.png" align="absmiddle" style="height:18px;border-width:0px;" /></div>
                                    </td>
                                </tr>
                            </table>
                            <div id="ddtopmenubar" class="mattblackmenu">
                                <ul>
                                    <li id="menuStandardItem"><a href="/archives/Finance_Archives.aspx">FINANCE
                                        ARCHIVES</a></li>
                                    <li id="menuStandardItem"><a href="#" rel="dropmenu2">FEATURE PAGES</a></li>
                                    <li id="menuStandardItem"><a href="#" rel="dropmenu3">COMMENTARY</a></li>
                                    <li id="menuStandardItem"><a href="/CompanyAnnouncements">MEDIA RELEASES</a></li>
                                    <li id="menuStandardItem"><a href="/Finance_News.aspx" rel="dropmenu1">
                                        USE OUR CONTENT</a></li>
                                    <li id="menuStandardItem"><a href="/Finance_Newsletter.aspx">NEWSLETTER</a></li>
                                    <li id="menuStandardItem"><a href="/Finance_Contact.aspx">CONTACT</a></li>
                                </ul>
                            </div>
                            <div style="clear: both">
                            </div>
                        </div>
                        <!-- end ContentHeader -->
                        <div class="pageContent">
                            
    <div id="2ColumnWrapper">
        <div id="container">
            <div id="LeftSide">
                <div id="titlebox">
                    <div id="titleBoxleft">
                        <span id="ctl00_ContentPlaceHolder1_lblTitle">Wednesday, 14 September 2011. </span></div>
                    <div id="titleBoxright">
                       
                    </div>
                    <div id="titleBoxcenter">
                    </div>
                </div>
                <table width="100%" style="border: 1px solid gray">
                    <tr>
                        <td><span style="font-size:10px;color:#333333;font-style:italic;">
                             <span id="ctl00_ContentPlaceHolder1_lblPost">Posted By :Vantage FX  on:14/09/2011 3:24:00 PM</span></span>
                        </td>
                    </tr>
                    <tr>
                        <td valign="top" class="tableRow">
                            <span style="font-size: 10px; color: #333333; font-style: italic;">
                                <span id="ctl00_ContentPlaceHolder1_lblKeyword">AUD, AUDUSD, forex, Asian</span></span>
                        </td>
                    </tr>
                    <tr class="tableRow">
                        <td valign="top" style="text-align:justify;">
                            <span id="ctl00_ContentPlaceHolder1_lblDescription"><img alt="" src="/BlogImages/image/Vantage FX/AUDUSD(1).jpg" style="width: 550px; height: 305px;" /><br />
<br />
European debt concerns continue to dominate market sentiment today, weighing heavily on riskier currencies such as the AUDUSD, which has been sold off from a high of 1.0370, to a low of about 1.0210. The fundamental outlook for the Australian Dollar has deteriorated further, with housing starts coming in well below expectations at 4.7% earlier today.&nbsp;<br />
&nbsp;<br />
The likelihood that the Reserve Bank of Australia is going to abandon its &lsquo;mildly restrictive&rsquo; policy in an effort to balance regional risks continues to mount. We may see its characteristically hawkish tone soften in coming weeks, with Credit Suisse overnight Index swaps indicating that market participants see the RBA cutting by nearly 150bp over the next 12 months.&nbsp;<br />
&nbsp;<br />
The euro declined against both the dollar and the yen, with ongoing concerns that Greece&rsquo;s debt woes will raise borrowing costs for other countries in the region &ndash; including Spain, which is due to sell bonds tomorrow.&nbsp; The dollar held a two-day slide against the yen before reports that may show U.S. retail sales growth moderated in August, adding to signs of a slowing recovery.<br />
&nbsp;<br />
The AUDJPY cross has lost approximately 1.6% over the course of today&rsquo;s trading session, opening the pair up for a test of lows seen in August at around 76.50. Downside risks should prevail in the Australasian currencies. Tests of recent lows are a possibility in the AUDUSD and NZDUSD pairs, which are sitting at 0.9925 and 0.7962 respectively.<br />
&nbsp;<br />
Traders will focus on Retail Sales figures due out of the US later today.<br />
&nbsp;<br />
<table border="1" cellpadding="0" cellspacing="0" style="width:249px;" width="249">
	<tbody>
		<tr>
			<td nowrap="nowrap" style="width:162px;">
				<strong>CURRENCIES</strong></td>
			<td nowrap="nowrap" style="width:86px;">
				&nbsp;</td>
		</tr>
		<tr>
			<td nowrap="nowrap" style="width:162px;">
				&nbsp;</td>
			<td nowrap="nowrap" style="width:86px;">
				<strong>Last Traded</strong></td>
		</tr>
		<tr>
			<td nowrap="nowrap" style="width:162px;">
				AUDUSD</td>
			<td nowrap="nowrap" style="width:86px;">
				1.0191</td>
		</tr>
		<tr>
			<td nowrap="nowrap" style="width:162px;">
				EURUSD</td>
			<td nowrap="nowrap" style="width:86px;">
				1.3613</td>
		</tr>
		<tr>
			<td nowrap="nowrap" style="width:162px;">
				GBPUSD</td>
			<td nowrap="nowrap" style="width:86px;">
				1.5744</td>
		</tr>
		<tr>
			<td nowrap="nowrap" style="width:162px;">
				USDJPY</td>
			<td nowrap="nowrap" style="width:86px;">
				76.84</td>
		</tr>
	</tbody>
</table>
<br />
<em>Source Bloomberg and<br />
Dow Jones Newswire </em></span>
                        </td>
                    </tr>
                </table>
            </div>
            <div id="RightSide">
                <div id="titlebox">
                    <div id="titleBoxleft">
                        About Me</div>
                    <div id="titleBoxright">
                    </div>
                    <div id="titleBoxcenter">
                    </div>
                </div>
                <div class="contentBox">
                    
<div id="newsItem">
  <div class="newsItemTitlebox1" id="newsItemTitlebox">
    <div id="newsItemTitleboxLeft"><span id="ctl00_ContentPlaceHolder1_ucUserProfile1_lblName" style="color:#094F95;">Vantage FX</span><span id="ctl00_ContentPlaceHolder1_ucUserProfile1_Label1"></span></div>
   
    <div id="titleBoxcenter"></div>
  </div>
  <div><br>
  </div>
  <div id="newsItemContent">
    <div id="newsItemContentLeftUserPhoto"><img id="ctl00_ContentPlaceHolder1_ucUserProfile1_imgPhoto" src="../../UserPhoto/rupert.jpg" style="height:80px;width:80px;border-width:0px;" /></div>
    <div id="newsItemContentRight"><span id="ctl00_ContentPlaceHolder1_ucUserProfile1_lblBlurb"><strong>Rupert Kain </strong><br />
<strong>Vantage FX</strong><br />
<br />
Rupert attended the University of Otago where he completed a degree in Commerce and a post graduate diploma.<br />
<br />
Rupert has worked for some of Australia&rsquo;s leading trading desks and has extensive trading experience in FX, Equities, Commodities and Indices, both in cash and futures forms. The last seven years has seen Rupert manage and set up risk management and trading desks around Australia.</span></div>
    <div id="newsItemContentSpacer">&nbsp;</div>
  </div>
</div>
                </div>
                <div id="whitespace6px">
                            </div>
                <div id="titlebox">
                    <div id="titleBoxleft">
                        <span id="ctl00_ContentPlaceHolder1_lblTitleBlurb">Have a broker contact you</span></div>
                    <div id="titleBoxright">
                    </div>
                    <div id="titleBoxcenter">
                    </div>
                </div>
                <div class="contentBox">
                    
<table border="0" cellpadding="2" cellspacing="0" width="80%">
    <tr>
        <td colspan="2">
            <span id="ctl00_ContentPlaceHolder1_ucVisitorRequest1_lblMsg" style="color:Red;"></span>
        </td>
    </tr>
    <tr>
        <td colspan="2">
            <span id="ctl00_ContentPlaceHolder1_ucVisitorRequest1_lblBlurb">If you would like to have a broker contact you about their services please fill the below form out.</span>
        </td>
    </tr>
    <tr>
        <td width="30%">
            <b>First Name:</b>
        </td>
        <td width="70%">
            <input name="ctl00$ContentPlaceHolder1$ucVisitorRequest1$txtName" type="text" maxlength="50" id="ctl00_ContentPlaceHolder1_ucVisitorRequest1_txtName" class="input-medium" style="width:150px;" />
            
        </td>
    </tr>
    <tr>
        <td width="30%">
            <b>Last Name:</b>
        </td>
        <td width="70%">
            <input name="ctl00$ContentPlaceHolder1$ucVisitorRequest1$txtLastName" type="text" maxlength="50" id="ctl00_ContentPlaceHolder1_ucVisitorRequest1_txtLastName" class="input-medium" style="width:150px;" />
        </td>
    </tr>
    <tr>
        <td>
            <b>Phone:</b>
        </td>
        <td>
            <input name="ctl00$ContentPlaceHolder1$ucVisitorRequest1$txtPhone" type="text" maxlength="20" id="ctl00_ContentPlaceHolder1_ucVisitorRequest1_txtPhone" class="input-medium" style="width:150px;" />
            
        </td>
    </tr>
    <tr>
        <td>
            <b>Email:</b>
        </td>
        <td>
            <input name="ctl00$ContentPlaceHolder1$ucVisitorRequest1$txtEmail" type="text" maxlength="255" id="ctl00_ContentPlaceHolder1_ucVisitorRequest1_txtEmail" class="input-medium" style="width:150px;" />
            
            &nbsp;
        </td>
    </tr>
    <tr>
        <td colspan="2">
            <input id="ctl00_ContentPlaceHolder1_ucVisitorRequest1_chkSubscribe" type="checkbox" name="ctl00$ContentPlaceHolder1$ucVisitorRequest1$chkSubscribe" /><label for="ctl00_ContentPlaceHolder1_ucVisitorRequest1_chkSubscribe">Subscribe to Free Newsletter, FNN Investor</label>
        </td>
    </tr>
    <tr>
        <td colspan="2">
            <input type="submit" name="ctl00$ContentPlaceHolder1$ucVisitorRequest1$btnSave" value="Submit" onclick="javascript:WebForm_DoPostBackWithOptions(new WebForm_PostBackOptions(&quot;ctl00$ContentPlaceHolder1$ucVisitorRequest1$btnSave&quot;, &quot;&quot;, true, &quot;gp1&quot;, &quot;&quot;, false, false))" id="ctl00_ContentPlaceHolder1_ucVisitorRequest1_btnSave" class="submit-black" />
        </td>
    </tr>
</table>


                </div>
                <div id="whitespace6px">
                            </div>
                <div id="titlebox">
                    <div id="titleBoxleft">
                        DISCLAIMER</div>
                    <div id="titleBoxright">
                    </div>
                    <div id="titleBoxcenter">
                    </div>
                </div>
                <div class="contentBox">
                    

<div id="newsItem">
  
  <div>
  </div>
  <div id="newsItemContent">
    <div id="newsItemContentLeft"></div>
    <div id="newsItemContentRight"><span id="ctl00_ContentPlaceHolder1_usDisclaimer1_lblDisclaimer">A Product Disclosure Statement for this product is available from Vantage FX Pty Ltd and should be considered before deciding to enter into any derivatives transactions also a financial services guide is available by going to www.vantagefx.com and clicking on the link at the bottom of the page. Derivatives carry a high level of risk to your capital. Only speculate with money you can afford to lose. Derivatives may not be suitable for everyone, so ensure that you fully understand the risks involved, and seek independent advice if necessary. Vantage FX Pty Ltd offers general advice only and no consideration will be given to individual investment objectives, financial situation and needs. Vantage FX is a Corporate Authorised Representative of Enfinium Pty Ltd AFSL 322081.</span></div>
    <div id="newsItemContentSpacer">&nbsp;</div>
  </div>
</div>
                </div>
            </div>
        </div>
    </div>

                            <div id="pageFramePush">
                            </div>
                        </div>
                        <div id="clearit">
                            &nbsp;</div>
                        <div id="whitespace50px">
                        </div>
                        <div class="contentFooter">
                            <div id="contentFooterLeft">
                                <a href="/Finance_News.aspx">Finance News</a>&nbsp;&nbsp;|&nbsp;&nbsp;<a
                                    href="/Finance_Newsletter.aspx">Finance Newsletter</a>&nbsp;&nbsp;|&nbsp;&nbsp;<a
                                        href="/Finance_Real_Estate.aspx">Real Estate</a>&nbsp;&nbsp;|&nbsp;&nbsp;<a
                                            href="/Finance_Interviews.aspx">Interviews</a><br />
                                <a href="/Finance_Education.aspx">Education</a>&nbsp;&nbsp;|&nbsp;&nbsp;<a
                                    href="/archives/Finance_Archives.aspx">Archives</a>&nbsp;&nbsp;|&nbsp;&nbsp;<a
                                        href="/Finance_Advertise.aspx">Advertise</a></div>
                            <div id="contentFooterCenter">
                            </div>
                            <div id="contentFooterRight">
                                <a href="/Finance_Disclaimer.aspx">Disclaimer</a>&nbsp;&nbsp;&nbsp;|&nbsp;&nbsp;&nbsp;<a
                                    href="/Finance_Privacy.aspx">Privacy Policy</a>&nbsp;&nbsp;&nbsp;|&nbsp;&nbsp;&nbsp;©&nbsp;Copyright
                                2011<br />
                                Finance TV Pty Ltd, ABN 31 117 966 328.
                            </div>
                        </div>
                        <!-- end Footer -->
                    </div>
                    <!-- end mainInnerContainer -->
                </div>
                <!-- end wrapperb -->
            </div>
            <!-- end wrappera -->
            <ul id="dropmenu1" class="ddsubmenustyle">
                <li><a href="/Finance_News.aspx">Finance News</a></li>
                <li><a href="/Finance_Real_Estate.aspx">Real Estate</a></li>
                <li><a href="/Finance_Interviews.aspx">Interviews</a></li>
                
            </ul>
            <div id="ctl00_sectionmenu">
            <ul id='dropmenu2' class='ddsubmenustyle' ><li><a href='/features/Moving-beyond-cautious-optimism.html'>Commentary</a></li><li><a href='/features/Buying-into-a-pullback.html'>Broker Insights</a></li><li><a href='/features/Share-Trading.html'>Shares</a></li><li><a href='/features/CFDs-What-you-need-to-know.html'>CFDs</a></li></ul></div>

            <script type="text/javascript">
                ddlevelsmenu.setup("ddtopmenubar", "topbar")
            </script>

            <div id="ctl00_brokerBlogSectionmenu"><ul id='dropmenu3' class='ddsubmenustyle' ><li><a href='#' >Equities</a><ul><li><a href='/BrokerCommentry/Equities/James-Gerrish' > James Gerrish</a></li><li><a href='/BrokerCommentry/Equities/Gary-Glover' > Gary Glover</a></li></ul></li> <li><a href='/BrokerCommentry/Options/Wai%7c%7c%7cYee-Chen' >Options</a><li><a href='/BrokerCommentry/Forex/Vantage-FX' >Forex</a><li><a href='/BrokerCommentry/Economy-/David-Taylor' >Economy </a></ul></div>
        </div>
        <!-- end mainContent -->
    </div>
    <!-- end mainOuterContainer -->
    

<script type="text/javascript">
//<![CDATA[
Sys.Application.initialize();
//]]>
</script>
</form>

    <script type="text/javascript">
        var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www.");
        document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E"));
    </script>

    <script type="text/javascript">
        try {
            var pageTracker = _gat._getTracker("UA-8486830-1");
            pageTracker._trackPageview();
        } catch (err) { }</script>

    <script type="text/javascript">
        var _sf_async_config = { uid: 8317, domain: "finnewsnetwork.com.au" };
        (function() {
            function loadChartbeat() {
                window._sf_endpt = (new Date()).getTime();
                var e = document.createElement('script');
                e.setAttribute('language', 'javascript');
                e.setAttribute('type', 'text/javascript');
                e.setAttribute('src',
       (("https:" == document.location.protocol) ? "https://s3.amazonaws.com/" : "http://") +
       "static.chartbeat.com/js/chartbeat.js");
                document.body.appendChild(e);
            }
            var oldonload = window.onload;
            window.onload = (typeof window.onload != 'function') ?
     loadChartbeat : function() { oldonload(); loadChartbeat(); };
        })();

    </script>

</body>
</html>
